Marine Parade, Worthing
£275,000 Freehold (Tenant Fees)
-
72-73 Marine Parade-007.JPG
-
72-73 Marine Parade-004logo.jpg
-
72-73 Marine Parade-026.JPG
-
72-73 Marine Parade-021.JPG
-
72-73 Marine Parade-002.JPG
-
72-73 Marine Parade-005logo.jpg
-
72-73 Marine Parade-022.JPG
-
72-73 Marine Parade-018.JPG
-
72-73 Marine Parade-024.JPG
-
72-73 Marine Parade-013.JPG
-
72-73 Marine Parade-014.JPG
-
72-73 Marine Parade-001.JPG
-
72-73 Marine Parade-003.JPG
-
72-73 Marine Parade-019 - Copy.JPG
-
72-73 Marine Parade-020 - Copy.JPG
-
72-73 Marine Parade-023.JPG
-
72-73 Marine Parade-025.JPG
- Freehold property for sale.
- Prominent Marine Parade, Worthing location.
- Long-established tenant.
- New 20-year lease term commencing in 2025.
- Current rental income of £22,000 per annum.
- Attractive opportunity for private investors and property portfolios.
- Long-term income-producing investment.
- Asking Price - £275,000
- Sole Agents
- Viewing by appointment only
James & James Commercial are delighted to present a freehold investment opportunity in a prime seafront location.
An excellent opportunity to acquire a freehold investment property situated on Marine Parade, Worthing, in a sought-after seafront location.
The property is let to The Last Resort, a long-established tenant who has recently committed to a further 20-year term commencing in 2025, providing the purchaser with the benefit of a long-term, secure income stream.
The property currently produces an annual rental income of £22,000 per annum, offering an attractive investment opportunity with the security of an established tenant and long-term occupational commitment.
This is an ideal acquisition for investors seeking a freehold asset with an established rental income and the benefit of a substantial lease term, minimising the uncertainty and costs associated with reletting.
EPC - avaliable upon request
Legal Fees - each party to pay their own legal costs unless otherwise agreed.
Click image to enlarge:
- Freehold property for sale.
- Prominent Marine Parade, Worthing location.
- Long-established tenant.
- New 20-year lease term commencing in 2025.
- Current rental income of £22,000 per annum.
- Attractive opportunity for private investors and property portfolios.
- Long-term income-producing investment.
- Asking Price - £275,000
- Sole Agents
- Viewing by appointment only
